Which of the following best describes an illegal contract?
A) a contract that is illegal at the time it was formed
B) a contract that is illegal in the way in which it was performed
C) a contract that has been breached by one of the parties
D) a contract that lacks consensus, consideration, capacity and intention
E) a contract that results in civil litigation

Question

Quizplus · Accepted Answer

An illegal contract is one that is illegal at the time it was formed, meaning it violates a law or public policy. This can include contracts for illegal activities such as drug trafficking or bribery. Even if both parties consent to the contract, it is still considered illegal and unenforceable in court.

Which of the Following Best Describes an Illegal Contract